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Motor control centers markets - PowerPoint PPT Presentation

Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022

The global motor control centers market is estimated to be USD 4.77 Billion in 2017 and is expected to grow at a CAGR of 5.47%, from 2017 to 2022. A growing demand for industrial automation in developed regions, regulations promoting energy savings across major industries, and the booming power sector and augmented power generation capacities across the world are the major factors driving the motor control centers market.

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See What Impacts Happens on Motor Control Centers Market till 2022

The motor control centers market is expected to grow from an estimated value of USD 4.77 Billion in 2017 to USD 6.22 Billion by 2022, at a CAGR of 5.47%, from 2017 to 2022. The global market is set to witness a significant growth due to the growing demand for industrial automation in developed regions and regulations promoting energy saving across major industries.

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Motor control centers markets - PowerPoint PPT Presentation

Motor Control Centers Market by Type, Voltage, End-User, Standard, Component, and Region - Global Forecast to 2022

See What Impacts Happens on Motor Control Centers Market till 2022